Analyst Haendel St. Juste commented, "Earlier today, CBL announced today key updates into purported accounting allegations (made by a former employee). First, CBL confirmed that, through "our outreach to the DOJ, we confirmed that the DOJ is "not conducting an investigation of CBL". In addition, an in-depth, independent investigation (commissioned by CBL specifically for the SEC) also found no wrong-doing; to be clear, the SEC has not released a statement officially clearing CBL, but the findings were very clear, in our view."

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